- Conducts online survey of graduates across India
- Registers responses from 1500 tech graduates passed out in the last 5 years and Understudy graduates.
- Discloses current issues and coping mechanisms COVID-19 lockdown poses on job space
Mumbai, May 14th, 2020: One of India’s largest IP-driven incubation labs, BridgeLabz Solutions LLP surveyed over 1500 fresh tech graduates and working professionals during the lockdown. The online survey intended to reveal top issues faced by engineers during the COVID-19 lockdown and how they are coping with them.
As per the survey, 71.95% of the respondents representing almost equal numbers of men and women are currently looking out for a job. When probed further, finding a job amidst the nationwide lockdown emerged as the top challenge for fresh tech graduates and experienced professionals with a majority of engineers, at 76.89%, presently bearing the brunt of the economic slowdown. It also shows that 24.92% of the working engineers who were planning to switch their jobs are currently stuck as the pandemic has affected the hiring process in organisations across the country.
In addition, the survey reveals some noteworthy patterns. It says, 15.53% of engineering graduates are struggling to stay relevant in the industry with their existing skill set. Thus, it can be concluded that the ever-evolving technological space and cut-throat competition requires constant upgradation of the skills to survive in the industry.
However, one of the key findings of the survey says that an approximately equal percentage of men and women engineers have unanimously acknowledged the skill gap and are leveraging lockdown to enhance their knowledge. Comprising 84.48% of the total respondents, engineers and tech graduates are learning new technologies relevant to the jobs they seek.
Speaking about the survey, Mr. Narayan Mahadevan, Founder, BridgeLabz commented, “An obvious impact of the pandemic-led lockdown can be seen in the employment space. Today, fresh tech graduates and experienced professionals are equally facing the challenges arising out of the demand for newer skill sets in the industry. Viewing the current market situation and the inevitable competition in the near future, it will be only wise to strive to improve your learning curve. However, it is good to see that a majority of candidates are utilizing this period to enhance their knowledge and accentuate their portfolios to succeed in the impending competition.”
The recent survey findings reinstate the dire need for institutions aimed at experiential learning and enhancing industry-relevant skills that could better the job prospects of engineering candidates. BridgeLabz Solutions LLP aims at nurturing engineering talent and ideas in the emerging technology space and has successfully trained and placed over 1100 engineers across India through its Fellowship Program since its inception in 2016. The company also organises boot camps to serve as an extension of its efforts towards upskilling India’s engineering talent pool and making them industry-ready.